Home Equity vs. Auto Loan Calculator
A lower rate could lead to substantial savings
You're buying a car (or truck or SUV), so you definitely want an auto loan, right? Well, take a second to consider this: Home equity loans sometimes offer a lower rate, which can save you hundreds of dollars over the years. This calculator can help you figure out which loan type might work best for your next vehicle purchase.
Information, calculators and interactive coaches provided are tools for your use and are not intended to provide financial, investment, legal, tax or accounting advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.